Loan for baking flour and oil
Masika
Sango Village In Brigadier, Kenya
33% repaid
Entrepreneur
Name
Masika
Member since
July 2016
On-time repayments
57 installments • 25%
About Me
My names are Oscar Masika wasilwa from Brigadier market in Kenya. Am a technician and I do repair radios and anything to do with electronics. I gradually emerged an expert in this field after thorough training from my uncle. The funny aspect of my story is that I have never undergone any professional training related to my career. Apart from this, also cook "mandazi" and sell at a profit. Am determined in life and I make sure I do anything that can benefit my family. Education is very important because with only the basic education level, one can still succeed in life without necessarily having to further education. Am not advocating for illiteracy but sometimes money dictates a lot . With the little education I have, I can comfortably do simple mathematics, calculate change and profit /loss. I like farming and a day rarely passes without a visit to the shamba even if it means little work. I have a gym in my house and doing daily exercises is my hobby. I have always admired to be whole-round person and serve my country to the fullest of my ability
My Business
I commit three quarters of my time in baking 'mandazi' because most people take breakfast with mandazis. I usually wake up at 5am, prepare mandazi and start my journey. I distribute many parts of Sango, Brigadier and many other shops and by 8am am through with my business. I also do technical repairs on part-time basis. I usually use my bicycle when distributing my goods but am targeting a motorcycle to make my work a bit easier. My daily expenses include buying baking flour, cooking oil and baking powder
Loan Proposal
I would like to use my loan if fully funded as follows :
1. Buy twenty 2kg packets of baking flour at ksh1800 (18 dollars) .
Each 2kg packet costs ksh90 at wholesale price
2. one jerrican (10litre) which costs ksh1500.(15 dollars)
Total :- 3,300 KES or 33 dollars
Feedback
Positive
None
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$55.00
Date disbursed
Aug 8, 2016
Repayment status
Late
Projected term
13 months
Lenders
Summary
Amount repaid
$19.06
Amount remaining
$38.69
Expected completion
Sep 21, 2017
Status
Repaying late
Installment amount
$1.01
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 18, 2016 | $5.04 | Aug 18, 2016 | $1.01 |
| Aug 25, 2016 | $1.01 | ||
| Sep 1, 2016 | $1.01 | ||
| Sep 15, 2016 | $2.02 | ||
| Aug 25, 2016 | $0.00 | ||
| Sep 1, 2016 | $0.00 | ||
| Sep 8, 2016 | $0.00 | ||
| Sep 15, 2016 | $0.00 | ||
| Sep 22, 2016 | $1.01 | Sep 22, 2016 | $1.01 |
| Sep 29, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Oct 6, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Oct 13, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Oct 20, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Oct 27, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Nov 3, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Nov 10, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Nov 17, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Nov 24, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Dec 1, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Dec 8, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Dec 15, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Dec 22, 2016 | $1.01 | Oct 6, 2016 | $0.91 |
| Dec 29, 2016 | $1.01 | ||
| Jan 5, 2017 | $1.01 | ||
| Jan 12, 2017 | $1.01 | ||
| Jan 19, 2017 | $1.01 | ||
| Jan 26, 2017 | $1.01 | ||
| Feb 2, 2017 | $1.01 | ||
| Feb 9, 2017 | $1.01 | ||
| Feb 16, 2017 | $1.01 | ||
| Feb 23, 2017 | $1.01 | ||
| Mar 2, 2017 | $1.01 | ||
| Mar 9, 2017 | $1.01 | ||
| Mar 16, 2017 | $1.01 | ||
| Mar 23, 2017 | $1.01 | ||
| Mar 30, 2017 | $1.01 | ||
| Apr 6, 2017 | $1.01 | ||
| Apr 13, 2017 | $1.01 | ||
| Apr 20, 2017 | $1.01 | ||
| Apr 27, 2017 | $1.01 | ||
| May 4, 2017 | $1.01 | ||
| May 11, 2017 | $1.01 | ||
| May 18, 2017 | $1.01 | ||
| May 25, 2017 | $1.01 | ||
| Jun 1, 2017 | $1.01 | ||
| Jun 8, 2017 | $1.01 | ||
| Jun 15, 2017 | $1.01 | ||
| Jun 22, 2017 | $1.01 | ||
| Jun 29, 2017 | $1.01 | ||
| Jul 6, 2017 | $1.01 | ||
| Jul 13, 2017 | $1.01 | ||
| Jul 20, 2017 | $1.01 | ||
| Jul 27, 2017 | $1.01 | ||
| Aug 3, 2017 | $1.01 | ||
| Aug 10, 2017 | $1.01 | ||
| Aug 17, 2017 | $1.01 | ||
| Aug 24, 2017 | $1.01 | ||
| Aug 31, 2017 | $1.01 | ||
| Sep 7, 2017 | $1.01 | ||
| Sep 14, 2017 | $1.01 | ||
| Sep 21, 2017 | $0.27 | ||
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